Bonita Medical Center
$4,100,000 Refinance of Two Medical Office Buildings in Pomona, California.
City: Pomona, CA
Loan amount: $4,100,000
Lender type: Life Insurance Company
Property type: Office
Size: 19,163 RSF
Michael Tanner and Tony Messiah of PSRS arranged the $4.1 million refinance of two medical office buildings in Pomona, California. The subject property consists of two medical office buildings totaling 19,163 rentable square feet. The buildings feature steel frame construction with approximately 200 parking spaces. Financed with one of our correspondent life insurance companies, PSRS provided its borrower a 55% LTV, 10-year term loan with a 25-year amortization.